You are in my will when i die you will receive 10000 the


A. You are in my will! When I die you will receive $10,000. The fair return is 4%. What is the value of your inheritance now if I am expected to live for 15 more years? B. You owe me $62,468 but can only pay me $10,000 per year. If the agreed upon rate is 8%, how long will it take to repay me?

Solution Preview :

Prepared by a verified Expert
Finance Basics: You are in my will when i die you will receive 10000 the
Reference No:- TGS02629028

Now Priced at $10 (50% Discount)

Recommended (96%)

Rated (4.8/5)